US Bancorp DE cut its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 2.4% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 677,793 shares of the company’s stock after selling 16,360 shares during the period. US Bancorp DE owned about 0.17% of Invesco S&P 500 Equal Weight ETF worth $123,182,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently made changes to their positions in RSP. Goldman Sachs Group Inc. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 219.6% in the first quarter. Goldman Sachs Group Inc. now owns 9,102,168 shares of the company’s stock valued at $1,576,769,000 after buying an additional 6,254,609 shares in the last quarter. Japan Science & Technology Agency bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the first quarter valued at $656,908,000. Phoenix Financial Ltd. bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the first quarter valued at $269,253,000. Invesco Ltd. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 12.0% in the first quarter. Invesco Ltd. now owns 11,189,061 shares of the company’s stock valued at $1,938,281,000 after buying an additional 1,195,627 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 26.8% in the first quarter. JPMorgan Chase & Co. now owns 5,057,195 shares of the company’s stock valued at $876,058,000 after buying an additional 1,069,297 shares in the last quarter. 61.18% of the stock is currently owned by institutional investors and hedge funds.
Invesco S&P 500 Equal Weight ETF Trading Up 0.3%
NYSEARCA:RSP opened at $190.97 on Thursday. Invesco S&P 500 Equal Weight ETF has a 1-year low of $150.35 and a 1-year high of $192.30. The firm has a fifty day simple moving average of $187.50 and a 200 day simple moving average of $179.47. The stock has a market capitalization of $75.06 billion, a PE ratio of 20.10 and a beta of 1.05.
About Invesco S&P 500 Equal Weight ETF
Guggenheim S&P 500 Equal Weight ETF, formerly Rydex S&P 500 Equal Weight ETF, seeks to replicate as closely as possible, the daily performance of the S&P 500 Equal Weight Index (the Index). The Index is a capitalization-weighted index covering 500 industrial, utility, transportation and financial companies of the United States markets (mostly NYSE Euronext issues).
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